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Italy: Selected Issues

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  • International Monetary Fund

Abstract

This Selected Issues paper applies a range of methods to assess Italy’s competitiveness gap versus other euro area members. All indicators point to a clear erosion of competitiveness in recent years, with related market share losses. Nonetheless, the estimated competitiveness gap, while appreciable, still remains quantitatively contained. The results suggest that the unwinding of the competitiveness gap will require reforms that boost productivity growth and continued wage moderation, as well as an adjustment by export firms in Italy.

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  • International Monetary Fund, 2007. "Italy: Selected Issues," IMF Staff Country Reports 2007/065, International Monetary Fund.
    • Handle: RePEc:imf:imfscr:2007/065
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    1. Enrico Fabrizi & Maria Ferrante & Carlo Trivisano, 2013. "Small area estimation of labor productivity for the Italian manufacturing SME cross-classified by region, industry and size," ERSA conference papers ersa13p894, European Regional Science Association.

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